Serving the needs of institutional and individual investors for over 30 years

Offering a range of global investment solutions to work with a client's asset allocation framework

Equity

Fixed Income

Convertibles

Alternatives

Publically listed, employee owned

Summary

Global strategies, global clients, global commitment

Based in Naperville, Illinois

Experience dating to the 1970s

Total Assets^ of $25.6 billion

361 employees*, 78 investment professionals.

^As of January 2014, the firm will report only Assets Under Management, which do not include assets under advisement for which the company provides model portfolio design and oversight. Assets under advisement totaled $775 million as of August 31, 2014.

*Information as of 12/31/2013. Total represents full-time employees
of the operating subsidiaries of Calamos Asset Management, Inc. Part-time employees and
consultants excluded.

London

John P. Calamos, Sr.

John P. Calamos, Sr. is Chairman, CEO and Global Co-CIO of Calamos Investments, a firm he founded in 1977. With origins as an institutional convertible bond manager, the firm has grown into a global asset management firm with major institutional and individual clients around the world. The firm is headquartered in the Chicago metropolitan area with additional offices in London and New York.

Mr. Calamos has established research and investment processes centered around a team-based approach designed to deliver superior risk-adjusted performance over full market cycles through a range of U.S. and global investment strategies including equity, fixed income, convertible and alternative investments.

With 45 years of industry experience, he is often quoted as an authority on risk-managed investment strategies, markets and the economy. He is a frequent speaker at investment seminars and conferences around the world and appears regularly on CNBC, Bloomberg TV and Fox Business Channel.

Mr. Calamos has written two books: Investing in Convertible Securities: Your Complete Guide to the Risks and Rewards and Convertible Securities: the Latest Instruments, Portfolio Strategies, and Valuation Analysis.

He received his B.A. in Economics and an M.B.A. in Finance from the Illinois Institute of Technology. He joined the United States Air Force after graduation where he served as a combat pilot during the Vietnam War and ultimately earned the rank of Major.

Gary Black

Gary Black, Global Co-Chief Investment Officer of Calamos Investments,
previously served as Chief Executive Officer, Chief Investment Officer,
and founding member of Black Capital. Prior to that, he served as Chief
Executive Officer of Janus Capital Group from January 2006 through July 2009,
and as President and Chief Investment Officer from April 2004 to January 2006.
Prior to joining Janus, Mr. Black was Chief Investment Officer of Global Equities at
Goldman Sachs Asset Management, which he joined as a partner in June 2001.
Prior to this role, Mr. Black headed GSAM's U.S. distribution efforts. Prior to
joining Goldman Sachs, Mr. Black was Executive Vice President and head of Alliance
Bernstein's global institutional business. He started his investment career in 1992
at Sanford C. Bernstein as a senior research analyst and was named top analyst in
his sector for six consecutive years.

Mr. Black earned an M.B.A. from Harvard Business School, and a B.S. Economics
degree from the Wharton School of the University of Pennsylvania.

Nimish S. Bhatt

Nimish Bhatt is responsible for all finance, accounting and tax areas of the company and of the Calamos funds. Before joining our predecessor company in 2004, he spent more than 20 years in accounting, tax and administration in the financial services industry. From 1996 to 2003, Bhatt worked for BISYS Investment Services, where he last served as senior vice president of alternative investment products, tax and quality assurance. Bhatt has a bachelor's degree in Advanced Accounting and Auditing and a law degree in Taxation from India's Gujarat University. He also has an MBA from The Ohio State University. Bhatt is a member of the board of directors of the Illinois Chamber of Commerce and Indian Prairie Education Foundation and previously served as Chairman of the board of NICSA.

Calamos Mission

Calamos Investments is a global firm committed to excellence in investment management and client service.
Grounded in family values, Calamos provides its associates a challenging environment with the opportunity
for personal and professional growth.

Calamos Values

We communicate openly and honestly, providing ongoing and constructive feedback.

We think and act like owners, continually enhancing value for all stakeholders: associates, clients and shareholders.

We are committed to excellence, focusing on superior execution and continuous improvement.

We operate with trust and integrity, and treat each other with care and mutual respect.

We are client driven and committed to exceeding clients' needs and expectations.

Before investing carefully consider the fund's investment objectives,
risks, charges and expenses. Please see the prospectus and summary prospectus containing
this and other information or call 1-800-582-6959. Read it carefully before
investing.